VERO BEACH, Florida, April 26, 2022 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the May 2022 cash dividend for the Company's Common Stock.
Real Estate News
Net income available to common stockholders of $10.5 million for the first quarter, or $0.18 per diluted share.
Funds From Operations per diluted share increased 50% year-over-year for the first quarter to $0.57 per diluted share.
RALEIGH, N.C., April 26, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its first quarter 2022 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link:
HIW Reports First Quarter 2022 Results
About HighwoodsHighwoods Properties, Inc.
Terrata Homes Expands Presence in the Dallas-Fort Worth Market with the Opening of Van Buren Estates
Spacious, Upgraded Homes Situated on One-Acre Lots From the mid-$800s
The Mantle plan is a stunning, single-story home offered at Van Buren Estates by Terrata Homes.
49.2 Percent Growth in Net Effective Rents on Leasing Activity
Record Occupancy Levels
2022 Guidance Updated
INDIANAPOLIS, April 27, 2022 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE), the largest domestic-only logistics REIT, today reported results for the first quarter of 2022.
WINTER PARK, Fla., April 27, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced that its Board of Directors has approved a three-for-one stock split of the Company’s common stock to be effected in the form of a stock dividend.
WASHINGTON, April 27, 2022 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a multifamily REIT with properties in the Washington metro area and the Southeast, reported financial and operating results today for the quarter ended March 31, 2022:
Financial Results
Net loss was $7.7 million, or $0.09 per diluted shareNAREIT FFO was $14.5 million, or $0.17 per diluted shareCore FFO was $0.20 per diluted shareOperational Highlights
Net Operating Income (NOI) was $30.7 millionSame-store multifamily NOI increased by 7.9% compared to the prior year period and is building for the second half of 2022Effective new Lease Rate Growth was 10.0%, effective renewal Lease Rate Growth was 9.2%, and effective blended Lease Rate Growth was 9.5% during the quarter for our same-store portfolioEffective new Lease Rate Growth was 16.0%, effective renewal Lease Rate Growth was 12.5%, and effective blended Lease Rate Growth was 13.8% during the quarter for our Atlanta portfolioFor leases signed thus far in April, we achieved blended effective lease rate growth of 20.5% for our Atlanta portfolio and 11.5% for our same-store portfolioSame-store retention increased to 71% compared to 51% in the first quarter of 2021Same-store multifamily Average Occupancy increased 150 basis points from the first quarter of 2021 to 95.8%Same-store multifamily Ending Occupancy increased 80 basis points from the first quarter of 2021 to 95.7% as of March 31, 2022 and 96.0% as of April 18, 2022Transformation Update
Expect to close on the acquisition of two multifamily communities in Cobb County, Georgia for a combined purchase price of approximately $178 million in early May, subject to the satisfaction of customary closing conditions.VERO BEACH, Florida, April 27, 2022 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced the Company's March 31, 2022 financial position and Q1 results.
Atlanta, April 27, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, today announced its results for the quarter ended March31, 2022.
VERO BEACH, Florida, April 26, 2022 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) announced today that it will provide an online, real-time webcast of its conference call with equity analysts covering first quarter 2022 operating results on Thursday, April 28, 2022.